Australia: October canola exports plunge to 42,997t

Source:  GRAIN Central

Australia exported 42,997 tonnes of canola in October, 75pc below the September total of 170,970t,  according to the latest export data from the Australian Bureau of Statistics (ABS).

October is typically the low month for Australian canola exports, with the October 2021 figure totalling 14,418t, down from 102,597t shipped in September 2021.

In October 2022, Japan on 27,831t appeared to be the only bulk customer.

Australia’s 2022-23 (Oct-Sep) canola crop was forecast by ABARES at a record 7.3 million tonnes.

The flow of new-crop cargoes to Europe and other destinations has already started, and while consecutive rain events have limited New South Wales production, other states are on track for bumper years.

CANOLA Aug Sep Oct Tonnes
Bangladesh 274 492 1437 2202
Belgium 0 63350 64 63414
Canada 5 0 0 5
France 51020 0 0 51020
Japan 82963 35434 27831 146228
Kenya 10 0 0 10
Malaysia 4713 6241 5685 16639
Nepal 811 3702 7006 11519
New Zealand 719 79 208 1007
Portugal 0 60 0 60
South Korea 200 203 403 807
Taiwan 0 0 313 313
United Arab Emirates 10841 61408 50 72298
TOTAL 151556 170970 42997 365523

 

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